Nation X can produce with one unit of resource either 8 units of food or 4 units of cloth.Nation Y can produce with one unit of resource either 3 units of food or 2 units of cloth.If Nation X and Y freely trade goods,and if these are the only two goods they consume,Nation X will likely consume ________ food and will consume ________ cloth.

Question

Quizplus · Accepted Answer

The Answer of Nation X can produce with one unit of resource either 8 units of food or 4 units of cloth.Nation Y can produce with one unit of resource either 3 units of food or 2 units of cloth.If Nation X and Y freely trade goods,and if these are the only two goods they consume,Nation X will likely consume ________ food and will consume ________ cloth.

Nation X Can Produce with One Unit of Resource Either